Group 1 - Institutional research activity remains high with 418 listed companies disclosing investor research records as of November 7, maintaining the same level as the previous week [1] - Companies such as Anji Technology, Trina Solar, and Tongyu Communication received over a hundred institutional visits [1] - Nearly 50% of companies that were researched reported positive earnings, with notable stock price increases around 30% for companies like Longda Co., CITIC Metal, and Changbao Co. [3] Group 2 - The focus of institutional research this week includes interpretations of Q3 operational results, potential opportunities in Q4, and analysis of development prospects brought by the "14th Five-Year Plan" [3][12] - Companies like Qichuang Data reported a significant increase in R&D investment, reaching 230 million yuan, up approximately 83.5 million yuan year-on-year, primarily for upgrading computing service platforms [6] - Yingstone Innovation also saw increases in R&D and marketing expenses, with R&D costs rising due to custom chip investments and personnel salaries [6] Group 3 - Blue Biological's R&D investment grew by 23.29% year-on-year, maintaining a high level within the industry, focusing on technology-driven development [7] - Petty Co. is increasing marketing efforts for the "Double Eleven" shopping festival, reporting a 30% year-on-year growth in overall GMV [10] - BoTuo Bio anticipates a rapid increase in market demand for flu virus testing due to the seasonal rise in flu activity, having already prepared inventory for distribution [10] Group 4 - The "14th Five-Year Plan" is a focal point for companies like China Energy Construction, which aims to focus on integrated hydrogen energy and related products [14] - HNA Holding plans to optimize its fleet structure during the "14th Five-Year Plan" period to ensure stable development [14] - Jinzhou Pipeline highlights a national investment of 5 trillion yuan for underground pipeline construction, predicting an annual market growth rate of over 8% in the pipeline manufacturing industry [15]

Core Insights - The China International Import Expo (CIIE) serves as a significant platform for showcasing quality products and advanced technologies, while also facilitating dialogue among participants about the opportunities presented during the "14th Five-Year Plan" period [1] Group 1: Market Opportunities - Multinational companies are leveraging the CIIE to expand their brand influence, with many expressing optimism about the long-term prospects of the Chinese consumer market during the "14th Five-Year Plan" [2] - The CEO of Thai Tencel Group highlighted that the company has invested 4.36 billion yuan in China over the past five years, enhancing its local operations and aligning its strategy with China's development goals [2] - The growing middle-income group in China is driving demand for high-quality products, prompting companies like Bunge to focus on providing diverse and reliable solutions to meet market needs [3] Group 2: Foreign Investment and Cooperation - The CIIE has facilitated numerous agreements between Chinese and foreign enterprises, with a notable signing amount of 1.828 billion USD during the event [5] - KPMG emphasized that China's commitment to high-level opening-up will create new advantages for attracting foreign investment, ensuring a transparent and stable environment for foreign businesses [4] - The China Energy Engineering Group has actively participated in international capacity cooperation, signing contracts exceeding 600 billion yuan in Belt and Road Initiative countries over the past five years [5] Group 3: High-Quality Development - The "14th Five-Year Plan" emphasizes high-quality development, with companies like Johnson Controls showcasing green technologies and digital applications that align with China's goals for sustainable development [7] - Rockwell Automation plans to apply digital and green technologies in emerging industries, supporting high-quality development in sectors such as new energy and advanced manufacturing [8] - Varian Medical is committed to enhancing healthcare services in China, focusing on technological innovation to improve medical capabilities and outcomes during the "14th Five-Year Plan" [8]

(责编：岳弘彬、牛镛) 《 人民日报 》（ 2025年11月09日 02 版） 本报南京11月8日电 中共中央书记处书记、公安部部长王小洪6日至8日在山东和江苏宣讲党的二十届四 中全会精神并调研。他强调，要深刻领会习近平总书记在全会上的重要讲话精神，坚定拥护"两个确 立"、坚决做到"两个维护"，准确把握"十五五"时期经济社会发展的战略任务，坚持统筹发展和安全， 全力做好防风险、保安全、护稳定、促发展各项工作，深入推进公安工作现代化，为续写两大奇迹新篇 章、奋力开创中国式现代化建设新局面作出新的更大贡献。 王小洪先后来到山东省济南市、枣庄市和江苏省无锡市、南京市，深入公安基层单位、公安院校和未成 年人专门学校、科研单位等宣讲全会精神，与基层干部、民警辅警、教师学生、科研工作者交流，了解 新型警务运行模式、基层治理、专门教育等情况，并与江苏、安徽、山东、湖北等4省公安机关部分领 导干部座谈交流学习贯彻全会精神情况。他强调，要把学习好贯彻好全会精神作为当前和今后一个时期 的重大政治任务，开展多层次、全覆盖的学习宣传培训活动，吃透精神实质，把握实践要求。要对照 《中共中央关于制定国民经济和社会发展第十五个五年规划的建 ...

未来五年，房地产的路怎么走，终于有了明确方向！ 《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》（简称《"十五五"建议》）正式发布，这份重磅文件给房地产市场画出了清晰的路线 图。 其实早在10月的四中全会上，就对房地产定下了"推动房地产高质量发展"的基调。 而这次的《"十五五"建议》不仅延续了这个方向，还给出了更具体的实施路径，主要涉及六个方面： 清理住房消费中的不合理限制，让买房更顺畅 盘活闲置土地和房产资源，提高利用效率 建立新的房地产开发模式，完善制度建设 增加保障性住房，满足不同群体的居住需求 建设安全舒适、绿色智慧的"好房子" 建立房屋全生命周期管理制度 说到底，核心就是要用"保障 市场"两条腿走路，最终实现让老百姓都能住上好房子的目标。对房地产行业来说，这也是告别过去粗放发展、实现健康可 持续发展的必由之路。 01、限购政策，松绑进行时 《"十五五"建议》明确提出要"清理住房消费不合理限制性措施"。 目前，大部分城市的限购政策已经放开，但北京、上海、深圳这三个一线城市还保留着部分限制。 回顾今年8-9月，这三个城市不约而同地调整了限购政策，而且都采用了"分区域差异化松绑"的策略： 北京 ...

新华社南京11月8日电 中共中央书记处书记、公安部部长王小洪6日至8日在山东和江苏宣讲党的二十 届四中全会精神并调研。他强调，要深刻领会习近平总书记在全会上的重要讲话精神，坚定拥护"两个 确立"、坚决做到"两个维护"，准确把握"十五五"时期经济社会发展的战略任务，坚持统筹发展和安 全，全力做好防风险、保安全、护稳定、促发展各项工作，深入推进公安工作现代化，为续写两大奇迹 新篇章、奋力开创中国式现代化建设新局面作出新的更大贡献。 王小洪先后来到山东省济南市、枣庄市和江苏省无锡市、南京市，深入公安基层单位、公安院校和未成 年人专门学校、科研单位等宣讲全会精神，与基层干部、民警辅警、教师学生、科研工作者交流，了解 新型警务运行模式、基层治理、专门教育等情况，并与江苏、安徽、山东、湖北等4省公安机关部分领 导干部座谈交流学习贯彻全会精神情况。他强调，要把学习好贯彻好全会精神作为当前和今后一个时期 的重大政治任务，开展多层次、全覆盖的学习宣传培训活动，吃透精神实质，把握实践要求。要对照 《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》，加强对维护安全稳定新问题的研 究，高质量编制"十五五"公安发展规划。要完 ...

为把党中央"十五五"规划《建议》明确的目标任务落实落细，将社会各界意见建议充分体现到"十五 五"规划《纲要草案》编制中，国家发展改革委现开展"贯彻落实党的二十届四中全会精神高质量编 制'十五五'规划《纲要》——'十五五'规划《纲要》问计求策"活动，征集对经济社会发展各领域的具体 举措建议。真诚邀请社会各界提供宝贵意见建议！期待您的积极参与！ 本次活动截止时间为2025年11月14日20点。 新京报讯据国家发展改革委消息，"十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键 时期。党的二十届四中全会通过的《中共中央关于制定国民经济和社会发展第十五个五年规划的建 议》，是指导未来五年我国经济和社会发展的纲领性文件。依据党中央"十五五"规划《建议》，按照党 中央和国务院的部署，国家发展改革委正在组织拟订"十五五"规划《纲要草案》。 ...

Market Trends - The market is expected to maintain a balanced style between large and small caps towards the end of the year, influenced by policies, external events, liquidity, and relative profitability[4] - The earnings growth rates for the Shanghai Composite 50 and CSI 300 indices for Q3 2025 are 4.9% and 5.2%, respectively, indicating stronger performance compared to smaller caps[8] Industry Performance - High-growth industries such as non-ferrous metals, media, electronics, and new energy are likely to outperform due to strong earnings reported in Q3 2025[17] - Policy-driven sectors, including artificial intelligence, robotics, and traditional cyclical industries, are expected to perform well as government support continues[17] Economic Indicators - The economy is in a weak recovery phase, with manufacturing PMI and year-on-year growth in housing sales showing declines[1] - Industrial enterprise profit growth is expected to continue its structural recovery, with Q3 earnings showing improvement compared to H1 2025[1] Liquidity and Risk Appetite - Macro liquidity is likely to remain loose, with expectations of continued central bank support as year-end funding pressures arise[1] - Risk appetite is expected to remain neutral, influenced by stable growth policies and reduced geopolitical risks[1] Investment Strategy - A balanced allocation strategy is recommended, focusing on technology growth and select cyclical sectors, as well as core assets[1] - Industries with high valuation attractiveness include power equipment, media, automotive, and electronics[1]

报告会上，潘功胜紧紧围绕学习贯彻习近平总书记在党的二十届四中全会上的重要讲话精神和全会审议通过的《中共中央关于制定国民经济和社会发展第十 五个五年规划的建议》，聚焦《建议》起草情况，"十四五"时期发展成就和"十五五"时期发展面临的国际国内环境，"十五五"时期经济社会发展的指导思 想、重大原则和主要目标，产业发展、科技创新、国内市场、绿色发展，进一步全面深化改革、扩大高水平对外开放，区域协调发展、乡村全面振兴、民生 保障、文化事业和文化产业，建设平安中国、完善社会治理、国防和军队建设，坚持和加强党中央集中统一领导、民主法治建设等八个方面，对党的二十届 四中全会作了全面宣讲和深入阐释，还就学习贯彻全会精神分享了体会。他表示，"十五五"时期经济社会发展任务繁重、前景光明。我们要更加紧密地团结 在以习近平同志为核心的党中央周围，把学习《建议》与学习习近平新时代中国特色社会主义思想贯通起来，保持战略定力，增强必胜信心，紧密结合实 际，切实抓好《建议》贯彻落实，为基本实现社会主义现代化而共同奋斗，不断开创以中国式现代化全面推进强国建设、民族复兴伟业新局面。 8日下午，潘功胜来到郑州金融岛中原银行，与基层干部群众、企业职工 ...

佳沛大中华区公司事务副总裁金世理（Ivan Kinsella）年年亲至展位，对他而言，进博会是零距离感受 中国市场开放与活力的绝佳平台。金世理表示，参展进博会的八年间，佳沛在中国市场的销量已实 现"翻番"，随着"十五五"规划建议发布，佳沛还将持续加码中国市场，"因为我们对中国持续扩大开放 的承诺有信心，中国的消费市场也会愈发成熟。" 国际在线报道（记者 胡晓薇 浦海蕊）：11月5日至10日，第八届中国国际进口博览会（CIIE）在上海举 办。155个国家、地区和国际组织共赴"进博之约"，4108家境外企业参展，整体展览面积超过43万平方 米，规模再创新高。170家企业和27家机构连续签约参展八年，成为进博"全勤生"，来自新西兰的全球 水果领军品牌佳沛（Zespri）是其中一员。 ...

Core Viewpoint - The report emphasizes that the "14th Five-Year Plan" period has laid a solid foundation for China's modernization, showcasing significant achievements in economic and social development, and sets the stage for the "15th Five-Year Plan" to further advance high-quality development and contribute to global progress [1][2]. Historical Positioning - The "14th Five-Year Plan" has led to remarkable improvements in China's comprehensive national strength and living standards, demonstrating a unique trajectory of modernization through continuous long-term planning [2]. - The report highlights that China has effectively navigated complex international challenges and domestic reforms during the "14th Five-Year Plan," achieving new milestones in economic and social development [2]. Fundamental Principles - The report outlines six key principles that will guide China's economic and social development during the "15th Five-Year Plan," including: - Upholding the leadership of the Communist Party as essential for overall planning and implementation [4]. - Prioritizing the needs of the people to ensure that development aligns with public aspirations [5]. - Focusing on high-quality development as a core requirement for economic progress [6]. - Committing to comprehensive reform to address developmental challenges [6]. - Balancing effective market mechanisms with proactive government intervention [6]. - Integrating development with security to ensure a stable environment for growth [6]. Global Empowerment - The "15th Five-Year Plan" aims to enhance global cooperation and contribute to world peace and development, with China being a major driver of global economic growth, contributing approximately 30% to global growth annually [8]. - China has maintained its position as the world's largest trading nation and has signed numerous free trade agreements, indicating its commitment to expanding global trade [8]. International Security - China has been a leading contributor to global peacekeeping efforts, reflecting its commitment to maintaining international stability while pursuing its own development [9]. Global Governance - The report highlights China's initiative in proposing global governance reforms, aiming to lead improvements in the global governance system and contribute to a more equitable international order [10]. Cultural Exchange - The establishment of "International Day of Civilizational Dialogue" reflects China's commitment to promoting cultural exchange and mutual understanding among nations [11]. Human Destiny Community - The concept of building a community with a shared future for mankind has been integrated into various international agreements, emphasizing China's role in fostering global cooperation and addressing common challenges [12].